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Derivative Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2013
Derivative Instruments And Hedging Activities Disclosure [Abstract]  
Fair Value of Derivative Instruments

The location of the asset and liability, and their respective fair values are summarized in the table below:

 

     December 31, 2013  
     Asset Derivatives      Liability Derivatives  
     Balance Sheet
Location
     Fair
Value
     Balance Sheet
Location
     Fair
Value
 
     (Dollars in thousands)  

Derivatives not designated as hedging instruments:

           

Interest rate swaps

     Other assets       $ 10,846         Other liabilities       $ 10,846   
     

 

 

       

 

 

 

Total derivatives

      $ 10,846          $ 10,846   
     

 

 

       

 

 

 
     December 31, 2012  
     Asset Derivatives      Liability Derivatives  
     Balance Sheet
Location
     Fair
Value
     Balance Sheet
Location
     Fair
Value
 
     (Dollars in thousands)  

Derivatives not designated as hedging instruments:

           

Interest rate swaps

     Other assets       $ 23,966         Other liabilities       $ 23,966   
     

 

 

       

 

 

 

Total derivatives

      $ 23,966          $ 23,966   
     

 

 

       

 

 

 
Effect of Derivative Instruments on Consolidated Statement of Earnings

The following table summarizes the effect of derivative financial instruments on the consolidated statements of earnings for the years ended December 31, 2013, 2012, and 2011:

 

Derivatives Not

Designated as Hedging

Instruments

  

Location of Gain

Recognized in Income on

Derivative Instruments

   Amount of Gain Recognized in
Income on Derivative  Instruments
 
          For the Years Ended December 31,  
              2013              2012              2011      
          (Dollars in thousands)  

Interest rate swaps

   Other income    $ —         $ 1,252       $ 356   
     

 

 

    

 

 

    

 

 

 

Total

      $ —         $ 1,252       $ 356